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Brookfield to Spin Off Holdings

May 15, 2012

Brookfield Asset Management plans to bundle together its wide array of commercial-property holdings into a new publicly traded subsidiary, with an eye toward further growth.

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Builder Is Constructing REIT for Home Rentals

May 8, 2012

Beazer Homes has formed a REIT with KKR that will buy and then rent single-family homes, one of the largest and most talked-about asset classes in the real-estate business.

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U.K. Pushes ‘Social’ Housing REIT Plan

May 8, 2012

Facing a dearth of new-home construction, the U.K. real-estate industry and government are looking at ways to encourage the formation of new real-estate investment trusts that would focus on subsidized housing.

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Plots & Ploys: Looks Don’t Matter

May 8, 2012

Strange looks of a building apparently aren’t enough to scare off big-name investors. That’s the case with 100 Federal Street in Boston—the so-called “pregnant building” recently purchased by Boston Properties.

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Ohio REIT Heads Upscale

May 8, 2012

Associated Estates Realty Corp., which owns rental-apartment buildings in cities like Indianapolis and Columbus, Ohio, is pushing into the upscale Los Angeles market despite some investor concerns.

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Chicago’s Spire Remains Hole in the Ground

May 2, 2012

The rubble-strewn Chicago lot where North America’s tallest residential building was to have been built is turning into an international money pit.

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Paris Business Hub Goes on Defense

May 2, 2012

Paris’s La Défense district, launched more than 50 years ago and now the largest business center in continental Europe, is suffering growing pains that raise questions about how and where Paris will expand in the future.

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Paris Luxury Retail Finds New Homes

May 1, 2012

With a new brand of wealthy clientele—and a shortage of space—Paris’s luxury-brand owners are setting up shop in fresh parts of the city.

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Mall Owners Wage Taxing Fight

May 1, 2012

Shopping-center landlords like Simon Property Group are pressing for states to levy sales taxes on online retailers like Amazon.com, in a bid to level the playing field.

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A Hotel for California

May 1, 2012

Developer Rick Caruso, Southern California’s king of upscale shopping centers, wants to make a splash in another real-estate sector by building a luxury hotel on 16 acres of beachfront in Santa Barbara.

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Creditors Take Control of Atlantis Resort

April 28, 2012

Resort operator Kerzner International transferred its massive Atlantis resort in the Bahamas to its creditors and sold its half interest in the Atlantis in Dubai to partner Istithmar World.

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CBRE Profit Declines 22%

April 24, 2012

A 14% increase in revenue couldn’t offset the charges incurred from the firm’s acquisition of the real-estate businesses of ING Groep.

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The Best Spots to Set Up Shop

April 19, 2012

Inside two boutiques’ race for a desirable store site in Beverly Hills.

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Buffett Wants This Site To Be Fully Furnished

April 18, 2012

Most retailers don’t build their own stores. But Nebraska Furniture Mart Inc., owned by Warren Buffett’s Berkshire Hathaway, wants to do just that—along with developing a city-within-a-city around it on a 433-acre swath in a Dallas suburb.

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Goldman in Talks On Hotel’s Debt

April 18, 2012

Goldman Sachs, which purchased the massive Marriott Waikiki Beach Resort & Spa in Honolulu in 2005, is in talks to extend or modify the hotel’s debt, which is probably more than the property is worth.

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Starwood Capital to Buy Malls

April 17, 2012

Investor Barry Sternlicht’s Starwood Capital has agreed to buy a 90% stake in seven U.S. malls, including the SouthPark mall in Cleveland, from Australian mall owner Westfield Group for $1.05 billion.

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Cantor Construction Job

April 17, 2012

Howard Lutnick, the head of Cantor Fitzgerald, is aiming to integrate Grubb & Ellis with Newmark to form what he hopes will be one of the leading commercial real-estate-services companies in the world.

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J.P Morgan Strips Shopping-Mall Loan From CMBS Issue

April 17, 2012

A $49 million loan on a Florida shopping mall that was facing a foreclosure action before it was refinanced has been stripped from an issue of commercial mortgage-backed securities that J.P. Morgan Chase & Co. is bringing to market this week.

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Property Investors Lie in Wait in China

April 11, 2012

Cash-strapped Chinese property companies may face a reckoning this year amid high debts and a government campaign to bring down housing prices. If that happens, a number of outside investors are waiting to step in.

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Industrial-Space Showdown

April 11, 2012

Two real estate powerhouses are angling for control of a massive industrial portfolio hoping to capitalize on an expected economic recovery.

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